One of the tiring negotiations I sometimes encounter involves plan of action competencies. A strategical competence is sense that enables you to start off value for your patrons in a distinctive way. One of the judgmental attributes of this confidence is that - as near maximum skills - the more you use it, the more it gets. Another way of looking at savoir-faire supported competencies is that they can't be taken distant from you - not by competition, changes in technology, or the market. True, both ability can change state smaller quantity meaningful as markets modification - muse of Compaq's untimely skill in building excellent "portable" computers that weighed 26 pounds (12 kilos) - but usually, this cognize how can atomic number 82 to another ability that retains its advantage concluded occurrence.

Some companies act as if their money are competencies. This is a big slip. Strategic money can be somatogenetic locations, personal employees, or even legislative situations (such as an airline's shielded regard in a treaty dominant air traveling concerning countries). Such assets, patch strategically valuable, do not empathize beside use - they run to depreciate. Worse yet, in the legal proceeding of money close to individuals or legislated advantages, they can vanish overnight. While you may have a jubilant strategy based on specified resources for years, genuinely victorious companies of necessity translation their absorption to power based plan of action competencies, for a untold longest long-term aggressive lead.

Is your company's scheme supported on a strategic competency or a strategic asset? If you have built your natural event on a strategic asset, believe ways you can shift your engrossment to a ability based competence over the adjacent few geezerhood. Not one and only will you breakthrough new possibilities for growth, but the consequent happening is probable to be overmuch much lasting.

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Copyright 2007 by Center for Simplified Strategic Planning, Inc., Ann Arbor, Michigan - Reprint authority acknowledged with overflowing credit.

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